It seems like Amazon still can't make any money.
http://money.cnn.com/2014/07/24/technology/amazon-earnings/index.html?iid=Lead
http://money.cnn.com/2014/07/24/technology/amazon-earnings/index.html?iid=Lead
Amazon still not making money.
- Thread starter UPSGUY72
- Start date
Brownslave688
You want a toe? I can get you a toe.
This guy is not surprised.
retiredTxfeeder
cap'n crunch
ok, so amazon loses money on every sale...but they make up for it in volumn! .......... I'll be here all week.
ChickenLegs
Safety Expert
I sure hope amazon doesn't implode. They beat my local Best Buy on new release Blu-Ray prices.
browntroll
Well-Known Member
i honestly dont know how they do it, how can you afford to ship items out for free. i did a that trial of amazon prime
a few months back, i ordered a few items with 2 day delivery(prime shipping). i understand they sell volume but so do
alot of other companies. anyone actually think UPS would buy them? i saw a youtube video where it shows thats
not a company i would ever want to work for, also they seem to have alot of temp workers. heard they time ur bathroom breaks, and you are monitered by gps wherever you go, also get in trouble for talking too long to other coworkers.
a few months back, i ordered a few items with 2 day delivery(prime shipping). i understand they sell volume but so do
alot of other companies. anyone actually think UPS would buy them? i saw a youtube video where it shows thats
not a company i would ever want to work for, also they seem to have alot of temp workers. heard they time ur bathroom breaks, and you are monitered by gps wherever you go, also get in trouble for talking too long to other coworkers.
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ChickenLegs
Safety Expert
I do not think ups would buy them.
Brownslave688
You want a toe? I can get you a toe.
Your best buy price matches.
llamainmypocket
Well-Known Member
I'm not sure amazon has ever posted a profit. There's sort of a tradition in tech stocks where growth trumps profits. Amazon take that tradition in stride.
You'd have to be crazy to think there's no money in online shopping and amazon does most of it. To be honest, i think they could turn a profit if it was that important to investors, but it's not so they don't. Amazon isn't going anywhere and nobody is going to buy them up.
Brownslave688
You want a toe? I can get you a toe.
"Amazon shares should be valued at $36.67, based on analysts' expected earnings growth rates over the next decade, according to StarMine."
Instead 1 share is over $300
Instead 1 share is over $300
Coldworld
Well-Known Member
Ha sounds totally like ups... probably got the idea of over supervision from ups
Coldworld
Well-Known Member
The markets are in love with these tech companies. ...they are totally overrated.
UpstateNYUPSer(Ret)
Well-Known Member
Best Buy price matches Amazon.
ChickenLegs
Safety Expert
They don't deliver to my mailbox.
It is good to know that I could get other items price matched though. Thanks.
ChickenLegs
Safety Expert
I use bestbuy for big ticket items like my TV's and home theatre. No way would I buy a laptop or TV on Amazon.
Bought my last 2 bigscreens through amazon, no problems.
ChickenLegs
Safety Expert
I'd prefer my TV not be used as a step-stool during the shipping process.
They don't use UPS, don't worry
.For a real big screen they have a local freight company pick it up at a warehouse and deliver it to you, they call you to schedule the delivery so you'll be there. The guys who deliver it will unbox it, set it up and turn it on to make that there's no damage and that it works properly. I was pretty happy with the process.
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